Compliance Manager - Hybrid, Multiple Locations
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Who We Are:Southern Bancorp is more than a bank. As a Community Development Financial Institution (CDFI), a special certification designated for institutions that serve predominantly underserved communities, Southern Bancorp combines traditional banking and lending services with financial development tools and public policy advocacy to help families and communities grow stronger. Inspired by the principle that building net worth drives economic opportunity, our mission is to be wealth builders for everyone in the communities we serve, with a focus on low-wealth and un(der)banked populations, as well as an emphasis on Black and Brown individuals. Job Summary:The Compliance Manager performs a key risk management role to help ensure Bank initiatives and lines of business processes comply with applicable Federal and State banking laws and regulations. While working within the Bank's Compliance Risk Management System framework, the Compliance Manager provides guidance to management and lines of business. Responsibilities:
Responsibilities
Serves in an advisory role by researching federal and state banking laws and regulations, reviewing the Bank's policies and procedures, ensuring Bank compliance with laws and regulations, maintaining current expertise for the requirements of various consumer protection and disclosure laws and regulations that apply to the Bank, and serving as a regulatory resource for officers and employees.Provides subject matter expertise by responding to inquiries from the lines of business regarding the proper application of compliance laws, regulations, and related requirements. Participates in projects across the Bank and provides compliance support to assist management with new products, delivery channels, system upgrades, or operational changes.Stays abreast of evolving compliance initiatives/requirements, best practices, and trends, including preventive tools and techniques.Assists Internal Audit and regulatory examiners by collecting and preparing documents requested for audits and exams and supports others across the Bank on matters relating to the Compliance Program, audits, and exams.Effectively manages, develops, and coaches assigned team members. Drives engagement, advances a culture of teamwork and accountability, while motivating team members to higher levels of performance.Builds collaborative working relationships to understand core business activities and processes, as well as key risks, products, and transactions that pertain to the Bank's compliance framework and risk assessment activities. Strives to become a trusted advisor of management in supporting the Bank's business objectives.Conducts/assists with relevant training for Bank personnel on compliance responsibilities.Performs additional duties as requested, needed, or assigned. Requirements:
Bachelor's degree or commensurate work experience.Minimum of five (5) years of work experience in the field of bank compliance or bank compliance audit or examination.Experience directly working with internal and external auditors, bank regulators, and bank management.Thorough knowledge of banking laws and regulations, including Flood Disaster Protection Act, Truth-in-Lending Act, and Home Mortgage Disclosure Act. Must stay current with changes in laws and regulations.Extensive ability to read, analyze and interpret government regulations, trade journals, and legal documents.Extensive knowledge of bank operations, policies and proceduresStrong leadership skills, including experience in managing, developing, coaching, and motivating team members, while promoting teamwork and a spirit of continuous improvement.Demonstrated ability to build business partnerships and collaborative working relationships with management, vendors, and other stakeholders.Effective verbal communication and business writing abilities, with the capability to effectively present information to varied audiences, including Board members, executives, employees at all levels, vendors, other stakeholders, and regulators.Effective time management skills, including the ability to handle multiple projects simultaneously as well as the ability to plan, organize, and ensure the completion of work assignments with appropriate attention to detail.Excellent analytical skills, including the ability to define problems, collect data, establish facts and draw valid conclusions. Physical/Sensory Requirements: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Regularly required to sit, talk, and hear; reach with hands and arms; and occasionally stand and walk, stoop, kneel or crouchMay be required to lift or move up to 50 pounds occasionallyRegularly required to use computers, telephone, and other standard office equipmentOccasional Travel including overnight stays (5-10%)
Arkansas LocationsArkadelphia, Barton, Bismarck, Blytheville, DeWitt, El Dorado, Elaine, Eudora, Fayetteville, Glenwood, Gosnell, Gurdon, Hamburg, Helena, Hot Springs, Jonesboro, Little Rock, Lockesburg, Malvern, Marion, Marvell, Mt. Ida, Stuttgart, Trumann, West Helena, West MemphisMississippi LocationsCanton, Carriere, Carthage, Clarksdale, Drew, Greenville, Hattiesburg, Hernando, Indianola, Lambert, Leland, Lula, Madison, Mound Bayou, Olive Branch, Picayune, Ruleville, Sledge, Webb
What we offer our employees:A positive impact on Your Future:401(k)/Roth plan with immediate eligibility and employer match up to 6%Employee stock ownership planDiscounted rate on primary home mortgageCredit and housing counseling as well as free financial education tools available to customers and employees Benefits to improve your health:No deductible medical insurance planDental and vision insurance Employer paid life and long-term disability insuranceFlexible Spending AccountsThe opportunity to nurture your well-being:Paid holidays and paid time off Bonus plan Opportunity for merit raisesEmployee reward and recognition programsCommunity service opportunitiesSouthern Bancorp is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, sexual orientation, gender identity, gender expression, status as a protected veteran, among other things, or status as a qualified individual with disability. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.As a Community Development Financial Institution, Southern Bancorp desires its workforce to reflect the diversity of the customers and communities that we serve. Racial and ethnic minorities, people from working class backgrounds, women and LGBTQ people are often underrepresented in many financial service industry professions. Therefore, we strongly encourage applications from people with these identities or who are members of other marginalized communities.
Responsibilities
Serves in an advisory role by researching federal and state banking laws and regulations, reviewing the Bank's policies and procedures, ensuring Bank compliance with laws and regulations, maintaining current expertise for the requirements of various consumer protection and disclosure laws and regulations that apply to the Bank, and serving as a regulatory resource for officers and employees.Provides subject matter expertise by responding to inquiries from the lines of business regarding the proper application of compliance laws, regulations, and related requirements. Participates in projects across the Bank and provides compliance support to assist management with new products, delivery channels, system upgrades, or operational changes.Stays abreast of evolving compliance initiatives/requirements, best practices, and trends, including preventive tools and techniques.Assists Internal Audit and regulatory examiners by collecting and preparing documents requested for audits and exams and supports others across the Bank on matters relating to the Compliance Program, audits, and exams.Effectively manages, develops, and coaches assigned team members. Drives engagement, advances a culture of teamwork and accountability, while motivating team members to higher levels of performance.Builds collaborative working relationships to understand core business activities and processes, as well as key risks, products, and transactions that pertain to the Bank's compliance framework and risk assessment activities. Strives to become a trusted advisor of management in supporting the Bank's business objectives.Conducts/assists with relevant training for Bank personnel on compliance responsibilities.Performs additional duties as requested, needed, or assigned. Requirements:
Bachelor's degree or commensurate work experience.Minimum of five (5) years of work experience in the field of bank compliance or bank compliance audit or examination.Experience directly working with internal and external auditors, bank regulators, and bank management.Thorough knowledge of banking laws and regulations, including Flood Disaster Protection Act, Truth-in-Lending Act, and Home Mortgage Disclosure Act. Must stay current with changes in laws and regulations.Extensive ability to read, analyze and interpret government regulations, trade journals, and legal documents.Extensive knowledge of bank operations, policies and proceduresStrong leadership skills, including experience in managing, developing, coaching, and motivating team members, while promoting teamwork and a spirit of continuous improvement.Demonstrated ability to build business partnerships and collaborative working relationships with management, vendors, and other stakeholders.Effective verbal communication and business writing abilities, with the capability to effectively present information to varied audiences, including Board members, executives, employees at all levels, vendors, other stakeholders, and regulators.Effective time management skills, including the ability to handle multiple projects simultaneously as well as the ability to plan, organize, and ensure the completion of work assignments with appropriate attention to detail.Excellent analytical skills, including the ability to define problems, collect data, establish facts and draw valid conclusions. Physical/Sensory Requirements: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Regularly required to sit, talk, and hear; reach with hands and arms; and occasionally stand and walk, stoop, kneel or crouchMay be required to lift or move up to 50 pounds occasionallyRegularly required to use computers, telephone, and other standard office equipmentOccasional Travel including overnight stays (5-10%)
Arkansas LocationsArkadelphia, Barton, Bismarck, Blytheville, DeWitt, El Dorado, Elaine, Eudora, Fayetteville, Glenwood, Gosnell, Gurdon, Hamburg, Helena, Hot Springs, Jonesboro, Little Rock, Lockesburg, Malvern, Marion, Marvell, Mt. Ida, Stuttgart, Trumann, West Helena, West MemphisMississippi LocationsCanton, Carriere, Carthage, Clarksdale, Drew, Greenville, Hattiesburg, Hernando, Indianola, Lambert, Leland, Lula, Madison, Mound Bayou, Olive Branch, Picayune, Ruleville, Sledge, Webb
What we offer our employees:A positive impact on Your Future:401(k)/Roth plan with immediate eligibility and employer match up to 6%Employee stock ownership planDiscounted rate on primary home mortgageCredit and housing counseling as well as free financial education tools available to customers and employees Benefits to improve your health:No deductible medical insurance planDental and vision insurance Employer paid life and long-term disability insuranceFlexible Spending AccountsThe opportunity to nurture your well-being:Paid holidays and paid time off Bonus plan Opportunity for merit raisesEmployee reward and recognition programsCommunity service opportunitiesSouthern Bancorp is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, sexual orientation, gender identity, gender expression, status as a protected veteran, among other things, or status as a qualified individual with disability. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.As a Community Development Financial Institution, Southern Bancorp desires its workforce to reflect the diversity of the customers and communities that we serve. Racial and ethnic minorities, people from working class backgrounds, women and LGBTQ people are often underrepresented in many financial service industry professions. Therefore, we strongly encourage applications from people with these identities or who are members of other marginalized communities.
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